Retailer Plans to Close Up To 145 Stores

Home goods retailer Pier 1 Imports could close as many 145 more stores in the fiscal year, the Texas-based home goods retailersaid Wednesdaywhen it reported financial results.

The news comes a week afterBed Bath & Beyond said 40 locations could be shuttered this year.

“As anticipated, our fourth-quarter sales and profitability were disappointing and reflect the execution issues we identified earlier in the year and have been working with urgency to correct," said Cheryl Bachelder, interim Pier 1 CEO, ina statement. Will you miss Pier 1?

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